kwaku invested in ABC Itd. He is expecting $500 at the end of each year for the next five years. what is present value of his investment if interest rate is 30%. • A. $1297 О B. $1218 C. $1276 O D. $1926

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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kwaku invested in ABC Itd. He is expecting $500 at the end of each year for the next five years. what is present value of his investment if interest rate is 30%. • A. $1297 О B. $1218 C. $1276 O D. $1926
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